**SEC Speeds Up Approval for Crypto ETFs, DOGE and XRP ETFs Begin Trading**

The U.S. Securities and Exchange Commission (SEC) has given the green light to new rules that make it faster and easier for crypto exchange-traded funds (ETFs) to be approved. This decision allows more crypto ETFs to launch quicker, reducing the review period from up to 240 days to as little as 75 days.

With these new listing standards, exchanges like Nasdaq, NYSE Arca, and Cboe BZX can now list crypto ETFs without going through a lengthy approval process—if they meet specific criteria. One key requirement is that the crypto asset must already have a futures contract trading for at least six months on a regulated platform like Coinbase Derivatives. This includes top cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, XRP, Solana, Cardano, Litecoin, and others.

Experts believe this could lead to a surge in new crypto ETFs. Bloomberg’s ETF analyst Eric Balchunas noted that when similar generic rules were introduced for traditional stock and bond ETFs, the number of launches tripled. He predicts over 100 new crypto ETFs may hit the market in the next year.

**DOGE and XRP ETFs Make Their Debut**

REX Shares and Osprey Funds have officially launched the first-ever spot Dogecoin ETF in the U.S., trading under the ticker symbol DOJE. They also released a spot XRP ETF called XRPR. These new funds offer investors regulated access to two of the most well-known altcoins.

Unlike most other crypto ETFs, which are registered under the Securities Act of 1933, these two funds were registered under the Investment Company Act of 1940. This is a less common approach for crypto products but provides a different regulatory framework. However, analysts warn that this setup might limit early investor interest due to its unique structure.

Greg King, CEO of REX Financial, emphasized that these funds give people an easy way to invest in crypto through traditional finance channels. This move is part of REX-Osprey’s broader strategy to lead innovation in crypto ETFs.

**Grayscale’s Multi-Crypto ETF Approved**

The SEC has also approved Grayscale’s request to convert its Digital Large Cap Fund (GDLC) into a publicly traded ETF. This marks the first multi-crypto ETF available in the U.S., offering exposure to Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). The fund is now trading on NYSE Arca and is weighted by market cap.

The fund currently holds over $915 million in assets and is priced at around $57.70 per share. Grayscale’s CEO thanked the SEC’s Crypto Task Force for helping bring more clarity to crypto regulations.

**Thumzup Media Buys Millions in DOGE**

Thumzup Media, a company with ties to Donald Trump Jr., has bought 7.5 million Dogecoin (DOGE) worth about $2 million. This follows their earlier move into crypto in January when they invested $1 million in Bitcoin.

The company raised $50 million in a stock sale last August and announced plans to hold up to $250 million in cryptocurrencies. Thumzup also plans to launch 3,500 Dogecoin mining machines by year-end after acquiring mining firm Dogehash.

**Crypto Prediction Markets Gain Traction**

Prediction markets—where users bet on real-world events—are becoming more popular thanks to blockchain technology and AI-driven analysis. Platforms like Polymarket and Kalshi are handling billions in monthly trades on topics like Federal Reserve interest rate changes, tech earnings, and even celebrity news like Taylor Swift pregnancy rumors.

Major platforms such as Robinhood, Coinbase, and Interactive Brokers are starting to integrate prediction markets into their services. As regulations become clearer, these markets are expected to grow rapidly.

**What’s Coming Up**

– European Central Bank President Christine Lagarde will speak Friday at 5 a.m. ET.
– U.S. Federal Reserve official Mary Daly will speak at 2:30 p.m. ET.
– Moca Network will unlock its tokens.
– EDCON 2025 ends in Osaka.
– Wyoming Blockchain Stampede begins.

Stay updated with the latest in crypto ETFs, regulation changes, and market trends as digital assets continue to reshape global finance.